Does the Bonchon franchise agreement include an exhibit H, and if so, what is it related to?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT H TO DISCLOSURE DOCUMENT YOOBIC JOINDER AGREEMENT
JOINDER AGREEMENT
Bonchon Franchise LLC ("Franchisor") and Yoobic Inc. ("Supplier") have negotiated that certain SaaS Services Agreement (the "Agreement") dated as of January 31, 2022 whereby Supplier has agreed to supply software applications and related services to Bonchon restaurants for the purpose of improving such retailers' customer visibility, in-store execution and efficiency. The undersigned franchisee of Franchisor ("Franchisee," "you", or "your") acknowledges and agrees that Franchisee has received a copy of and reviewed the Agreement and desires to undertake the obligations of an end user thereunder who may use the Yoobic platform for the sole purpose of setting up, maintaining, and/or accepting Yoobic's SaaS Services as defined therein. In consideration of the foregoing, Franchisee and Supplier agree as follows:
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, Exhibit H to the disclosure document is the Yoobic Joinder Agreement. This agreement, dated January 31, 2022, involves Bonchon Franchise LLC, Yoobic Inc. (the supplier), and the franchisee. Yoobic Inc. is set to provide software applications and services to Bonchon restaurants with the aim of enhancing customer visibility, in-store execution, and efficiency.
As a Bonchon franchisee, you acknowledge that you've received and reviewed the SaaS Services Agreement between Bonchon and Yoobic. By signing the Joinder Agreement, you agree to the obligations of an end user, allowing you to use the Yoobic platform for setting up, maintaining, and accepting Yoobic's SaaS services. This means you'll be utilizing Yoobic's software to manage and improve various aspects of your restaurant's operations.
This agreement ensures that Bonchon franchisees are aligned with the franchisor's standards for customer service and operational efficiency through the use of a specific software platform. It's important for prospective franchisees to understand the terms of the Yoobic Joinder Agreement, as it outlines the franchisee's responsibilities in utilizing the software and adhering to the standards set by Bonchon and Yoobic.